Tesla Rival Nio Says It Will Cut R&D Spending By Around 25% To Meet ‘Breakeven Target’ Amid Europe Expansion Plans

All NewsJune 4, 2025

Nio plans to cut spending by 25% to meet Q4 break-even target as CEO William Li mentions R&D consolidation and tighter spending control.

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Tesla Rival Nio Says It Will Cut R&D Spending By Around 25% To Meet ‘Breakeven Target’ Amid Europe Expansion Plans

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